Taxing The Rich And Famous For Energy

Luxury homes in the Aspen area are taxed as part of a plan to finance green projects.

1 minute read

January 9, 2003, 6:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


"Revised building codes in Aspen Colorado assess a mitigation fee of up to $100,000 if newly built homes are constructed without renewable energy features like solar panels...Mr. Trowne says it's unfair to single out a small number of wealthy homeowners. Yet few of the vacation homeowners themselves have complained, partly because, as part-time residents, they can't vote locally. It also seems that $50,000 fees barely register on the radar screens of those who can afford heating bills that dwarf most Americans' mortgage payments."

Thanks to Dan Penrose

Tuesday, October 4, 2005 in The Christian Science Monitor

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